Elliott is an experienced professional with the following capabilities:
- Advising on corporate growth and development
- Providing expert testimony and assistance in auditor standard-of-care cases
- Understanding senior and junior capital markets
- Serving on audit committees for public and private companies, and not-for-profit organizations
- Assisting in due diligence prior to acquisitions
- Working with ownership to facilitate a smooth transition
- Evaluating strategic structural alternatives
- Examining internal controls in fraud investigations
He has spoken to business groups on raising capital in Canada, China, and Israel. He has provided successful expert assistance in accounting and auditing matters in both court-ordered and commercially arranged mediations. Elliott has worked with technological, mining, and natural resource companies on projects in Canada, Taiwan, the United States, China, Turkey, Mongolia, Bolivia, and Ecuador. He has acted as an expert witness in auditing matters in a number of court-ordered or private mediations, and provided expert testimony reports for litigation matters. All of these cases were settled successfully before trial. Elliott has lectured often on public company accounting and oversight topics, particularly relating to Canadian/U.S. accounting and auditing questions, including revenue recognition. He has also written numerous articles on accounting and audit matters and has guest-lectured at a number of major university business schools on accounting and auditing matters. Elliott spent nine years working for Arthur Andersen LLP. In 1989, Elliott joined Mintz & Partners, a mid-sized Toronto accounting firm. He became a partner in 1991 and led the Public Company Practice Team, which had one of the largest entrepreneurial public company practices in Canada. In 2008, Deloitte & Touche acquired the public accounting practice of Mintz & Partners LLP. Elliott continued to lead the audit practice for entreprenurial public companies in the Greater Toronto Area until his retirement in 2010. In 2015, he participated in the listing, on the TSX – Venture Exchange, via RTO, of Ellipsiz Communications Limited, the first TSX listing of a Taiwan-based company in over 30 years. This was also the first successful listing of an emerging market issuer in more than ten years. Elliott holds an M.B.A. from Queen’s University (Kingston, Ontario) and a B.Com. from Dalhousie University (Halifax, Nova Scotia). In 2010, Elliott completed the DIrectors’ Education Program and earned the ICD.D designation. As a partner leading the provision of services to small and mid-sized companies, initial public offerings and public company audits, Elliott worked very closely with Boards as they dealt with challenges and successes over the period from 1991 – 2010. Further, Elliott acted as the advisor to many small and mid-size enterprise boards as they have navigated difficult issues both with internal situations, as well as the external market. His experience includes working with clients in a consulting capacity to
- help evaluate strategic acquisitions for owners
- assist in facilitating non-disruptive ownership changes
- integrate new owners into the business
He has led the accounting due diligence for many successful private and public company acquisitions. For the period 1992 – 2004, Elliott served as the leader of a Community Allocations Panel for the United Way of Greater Toronto. This position involved reviewing the funding submissions for number of major charitable organisations that receive funds from the United Way of Greater Toronto. This brought Elliott into contact with a number of non-profit boards and he worked closely with these boards, in many circumstances, to assist them in improving their processes so that they would be more successful with their applications for United Way of Greater Toronto funding. Currently, Elliott serves as a speaker to various employee groups, in support of their employers’ United Way workplace campaigns.
In 2012, Elliott was proud to receive a Queen Elizabeth II Diamond Jubilee award for his service to the Canadian Liver Foundation.
In 2013, Elliott was elected as a Fellow of the Institute of Chartered Accountants of Ontario (now CPA Ontario).